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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

Leadership

Leadership

Workplace Culture

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Mark Cuban’s cofounder once told him: ‘We don’t get as much done because people are afraid of you’

Mark Cuban’s cofounder once told him: ‘We don’t get as much done because people are afraid of you’

The billionaire says that learning to be kinder has been his greatest professional struggle.

By Sarah GlodekJuly 31, 2026

var

The World Cup’s VAR fights are a preview of every company’s AI rollout problem

By Pooya Tabesh and The ConversationJuly 31, 2026

laptop

The post-pandemic classroom is quietly ditching the laptop-for-every-kid model

By Janice Mak and The ConversationJuly 31, 2026

Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026

Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026

By Fortune EditorsJuly 31, 2026

‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years

‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years

By Nick LichtenbergJuly 31, 2026

Young Gen Z content creator films videos

More than half of Gen Zers want to become influencers—so now Arizona State University is offering a content creation degree for $142K

By Emma BurleighJuly 31, 2026

More in Future of Work

Dario Amodei speaking into a microphone.

Anthropic says its Claude models escaped a testing environment and hacked three real companies

Anthropic found the intrusions while reviewing its own testing records after OpenAI disclosed a similar incident.

By Beatrice NolanJuly 31, 2026

Fed study: AI’s slow productivity story fits a century-old historical pattern

Researchers at the St. Louis Fed looked through 490,000 earnings calls and saw AI productivity surged—but only in talk.

By Nick LichtenbergJuly 31, 2026

Nearly a third of workers admit to sabotaging their company’s AI—and smaller paychecks may explain why

As surveys document quiet resistance and outright sabotage, Apollo’s Torsten Slok offers a theory: AI is compressing wages while leaving job counts intact.

By Nick LichtenbergJuly 30, 2026

Bausch & Lomb CEO: the AI hysteria is nothing new

AI is being talked about as though business has never encountered a technological shift before. And just like the other times, one thing gets overlooked.

By Brent SaundersJuly 31, 2026

More in Future of Work

More in Success

Jensen Huang speaks into a microphone

Jensen Huang says this is the greatest time in history to start a business—and his advice is to stop overthinking it: ‘How hard can it be?’

The billionaire CEO has spent the last three decades building Nvidia —but says one simple mindset helped turn a diner-booth idea into a $4.7 trillion giant.

By Preston ForeJuly 31, 2026

National Guard major rented hotel rooms on the government’s dime just to hide a second wife, prosecutors say

Maj. Collin Welch forged divorce papers, immigration letters and Social Security cards to hide a Mongolian wife from his real family.

By Jonathan J. Cooper and The Associated PressJuly 31, 2026

Meet the jet-setting fashion editor who turned a New York manicure at 23 into Nails.Inc—Despite selling for $40 million, she still wakes at 5:45 a.m.

Victoria Beckham and even McDonald’s helped launch Thea Green’s nail polish in America. Now Nails.Inc sells a bottle of polish every minute

By Orianna Rosa RoyleJuly 31, 2026

The competition passed on a flying toy. We built it into $100 million dollar business

In his new book, Spin Master’s Ronnen Harary explains how three founders in their 20s took a toy everyone rejected and turned it into Air Hogs.

By Ronnen HararyJuly 31, 2026

More in Success

More in C-Suite

An Apple flagship store

Apple shows that AI winners don’t have to build the biggest models

A Fortune analysis looks at Apple’s strategy of skipping the AI infrastructure arms race.

By Sheryl EstradaJuly 31, 2026

Ferrari’s Jony Ive–designed model was mocked by the internet, but it’s selling like hotcakes

When the Luce was released, Ferrari’s former president and chairman said he hoped “they take the prancing horse off that car, at least.”

By Marco Quiroz-GutierrezJuly 31, 2026

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

The iPhone maker said severe constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.

By Alexei OreskovicJuly 30, 2026

Elevance Health’s CEO started her career as a pro basketball player. Now she’s the highest‑ranking woman on the Global 500, leading a $199B giant

Gail Boudreaux credits collegiate athletics with helping to shape her leadership style.

By Sarah GlodekJuly 31, 2026

More in C-Suite

Workplace Culture

More in Workplace Culture

pete

Scouting America cuts LGBTQ+ spaces at jamboree under Pentagon pressure

Defense Secretary Pete Hegseth threatened to end military ties unless Scouting America dropped diversity initiatives by late August.

By Jamie Stengle and The Associated PressJuly 31, 2026

‘We’re still here standing’: the restaurant world’s fallen angel is reopening with its founder chef or its 3 Michelin stars

Copenhagen’s Noma returns under new chef Pablo Soto with a monthly-changing menu, five months after René Redzepi stepped down over abuse allegations.

By James Brooks, Stefanie Dazio and The Associated PressJuly 30, 2026

EEOC has indefinitely suspended all federal-sector class complaints, lawsuit claims

Attorneys say the undisclosed suspension has left correctional officers facing escalating abuse with no timeline for relief.

By Alexandra Olson and The Associated PressJuly 29, 2026

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

Instead of selling Grady-White Boats for $400 million, Eddie Smith Jr. was inspired by Patagonia founder Yvon Chouinard to donate profits to charity.

By Preston ForeJuly 29, 2026

More in Workplace Culture

Latest stories from Fortune

Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump

Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump

By Catherina GioinoJuly 31, 2026

NY AG Letitia James speaks into a microphone.

New York sues to shut down Kalshi, seeks $100,000 for each unauthorized bet

By Camila Grigera NaónJuly 31, 2026

chad

Arts & Entertainment

The Black Panther’s tragic coda: Chadwick Boseman’s brothers want his widow removed from his estate — and held in contempt

By Reid Kress Weisbord, Naomi Cahn and The ConversationJuly 31, 2026

cuban

Arts & Entertainment

Mark Cuban’s Las Vegas A’s investment is his ‘Sports 2.0’ Dallas Mavericks playbook all over again — with one key change

By Joshua HongJuly 31, 2026

After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion

After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion

By Jason MaJuly 31, 2026

bernie

16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer

By Patrick J. Schena and The ConversationJuly 31, 2026

What every founder can learn from Reformation’s $211 million IPO

What every founder can learn from Reformation’s $211 million IPO

By Emma HinchliffeJuly 31, 2026

Kevin Warsh’s first big press conference shines a spotlight on confusion over how the Fed actually measures inflation

By Brandy Hadley, D. Brian Blank and The ConversationJuly 31, 2026

More LeadershipPage 62 of 100

AI isn’t killing jobs yet—CEOs are using layoffs to fund a $2.5 trillion arms race

AI isn’t killing jobs yet—CEOs are using layoffs to fund a $2.5 trillion arms race

By Diane BradyMarch 10, 2026

Future of Work
Nearly 1,000 workers laid off at SK Battery plant in Georgia as companies cancel EVs and Trump Admin eliminates auto company incentives
By The Associated Press, Jeff Amy and Alexa St. JohnMarch 6, 2026

Walmart CEO John Furner speaking at the Fortune Brainstorm Tech in 2025.

How Walmart CEO John Furner is using his father’s lessons—and AI—to steer a $1 trillion giant

By Alice BarlowMarch 10, 2026

Photo of Lloyd Blankfein

Workplace Culture

Former Goldman Sachs CEO says DEI programs are ‘counterproductive,’ arguing ‘you’re branding the people in that program’

By Jake AngeloMarch 10, 2026

The worst housing market in years couldn’t stop single women from owning a record-breaking number of homes

Personal Finance

The worst housing market in years couldn’t stop single women from owning a record-breaking number of homes

By Catherina GioinoMarch 10, 2026

Meet the millennial who turned a $400 side hustle into TikTok Shop’s biggest teeth whitening brand in the UK—now he splashes $335 a month on haircuts and lost $20K on crypto

By Orianna Rosa RoyleMarch 10, 2026

Shark Tank’s Kevin O’Leary doesn’t care if you work from your basement. He just wants to know if you can ‘execute’

Shark Tank’s Kevin O’Leary doesn’t care if you work from your basement. He just wants to know if you can ‘execute’

By Marco Quiroz-GutierrezMarch 10, 2026

Future of Work
Silicon Valley investor Vinod Khosla predicts education will be free, and the future of college is ‘a real question’
By Marco Quiroz-GutierrezMarch 6, 2026

gen z

Gen Z is already nostalgic for TikTok—and the platform is only 6 years old

By Nick LichtenbergMarch 10, 2026

ceo

CEOs are using one number in the AI age to decide how many people they still need

By Nick LichtenbergMarch 10, 2026

Nobel laureate Joseph Stiglitz warns AI’s hunger for internet comments could degrade the world’s ‘information ecosystem’

Nobel laureate Joseph Stiglitz warns AI’s hunger for internet comments could degrade the world’s ‘information ecosystem’

By Catherina GioinoMarch 9, 2026

A woman in a red coat holds up a sign that says, “Shouldn’t hurt to be a nurse.”

Health care has been propping up a shaky labor market. For the first time in over four years, the sector shed thousands of jobs

By Sasha RogelbergMarch 9, 2026

Paris Hilton poses on the red carpet.

After losing her Malibu home, Paris Hilton is raising $1 million to get women-owned businesses back on their feet

By Gabriela Aoun Angueira and The Associated PressMarch 9, 2026

Commentary
Eric Schmidt: Big Tech should power its own AI ambitions
By Eric SchmidtMarch 6, 2026

Left to right: Dave Ramsey and Donald Trump

Dave Ramsey slams Trump Accounts, the new investment accounts for babies—he’s advising parents to take the $1,000 and put their own money elsewhere

By Emma BurleighMarch 9, 2026

Business man on the phone with luggage

European companies using AI are hiring more workers, not cutting them—and Americans are already relocating there to escape uncertainty

By Preston ForeMarch 9, 2026

stitch

‘It feels like a video game, but in real life’: Gen Z’s love of analog ‘grandma’ hobbies jump from Pokemon to bird-watching, scrolling to needlepoint

By Kaitlyn Huamani and The Associated PressMarch 9, 2026

Microsoft unveils Copilot Cowork agents built on Anthropic’s AI and E7 AI product suite as it seeks to calm investor concerns about AI eating SaaS

By Jeremy KahnMarch 9, 2026

cocoa

Meet the African cocoa farmers who are letting their crops rot because the commodity price has fallen so much

By Edward Acquah, Ope Adetayo and The Associated PressMarch 9, 2026

HR is supposed to design career paths. So why are its own so unclear?

HR is supposed to design career paths. So why are its own so unclear?

By Ruth UmohMarch 9, 2026

AI is making traditional CEO credentials less convincing

AI is making traditional CEO credentials less convincing

By Ruth UmohMarch 9, 2026

Economist Dambisa Moyo says CEOs must play a role in sustaining the consumer class as AI eliminates jobs

Economist Dambisa Moyo says CEOs must play a role in sustaining the consumer class as AI eliminates jobs

By Diane BradyMarch 9, 2026

From thyroid cancer to 40‑hour fasts: Inside Daymond John’s obsession with biohacking and living longer

From thyroid cancer to 40‑hour fasts: Inside Daymond John’s obsession with biohacking and living longer

By Sydney LakeMarch 8, 2026

Joseph Stiglitz says buckle up before the great AI ‘reallocation’ era arrives

Joseph Stiglitz says buckle up before the great AI ‘reallocation’ era arrives

By Catherina GioinoMarch 8, 2026

taylor

The hidden economy deciding who gets into your favorite concert, restaurant, and theme park

By Nick LichtenbergMarch 8, 2026

Asana’s new CEO says getting a job in Silicon Valley isn’t harder for Gen Z than it was for him—he shares his alternative ‘donut box’ hack for getting hired

Asana’s new CEO says getting a job in Silicon Valley isn’t harder for Gen Z than it was for him—he shares his alternative ‘donut box’ hack for getting hired

By Orianna Rosa RoyleMarch 8, 2026

This AI founder who quit her 9-to-5 law job has a warning for anyone dreaming of doing the same: ‘I’m working harder now than I ever did’

By Emma BurleighMarch 8, 2026

Peter Thiel warned AI is coming for ‘math people before word people.’ Banks have already said smaller headcounts are possible

Peter Thiel warned AI is coming for ‘math people before word people.’ Banks have already said smaller headcounts are possible

By Jason MaMarch 7, 2026

OpenAI robotics leader resigns over concerns about surveillance and autonomous weapons amid Pentagon contract

OpenAI robotics leader resigns over concerns about surveillance and autonomous weapons amid Pentagon contract

By Sharon GoldmanMarch 7, 2026

Distressed young man, with his palm to his head

Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead

By Preston ForeMarch 7, 2026

Ring is one of the largest companies ever to come out of Shark Tank. Its CEO says he prepared for his pitch like an Olympic athlete

Ring is one of the largest companies ever to come out of Shark Tank. Its CEO says he prepared for his pitch like an Olympic athlete

By Marco Quiroz-GutierrezMarch 7, 2026

the grind

AI seems to turn Marxist after overwork, top researchers find: ‘Society needs radical restructuring’

By Nick LichtenbergMarch 7, 2026

OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment

OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment

By Nick LichtenbergMarch 6, 2026

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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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By Tatiana SatauaJuly 31, 2026

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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By Preston ForeJuly 29, 2026

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

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By Alexei OreskovicJuly 30, 2026

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